CRH PLC American Depositary Shares (CRH) Company Bio
CRH plc. manufactures and distributes building materials. The company operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Americas Distribution. The company was founded in 1936 and is based in Dublin, Ireland.
CRH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Crh Public Ltd Co. To summarize, we found that Crh Public Ltd Co ranked in the 71th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 210.5%. As for the metrics that stood out in our discounted cash flow analysis of Crh Public Ltd Co, consider:
The company has produced more trailing twelve month cash flow than 94.31% of its sector Basic Materials.
Crh Public Ltd Co's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 13.65% of tickers in our DCF set.
CRH's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 13.65% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CRH, try IAG, PGTI, RIO, POL, and NEM.
The current health emergency caused by the global spread of COVID-19 has significant implications for the economies and construction markets in which we operate, and we are following the advice and direction of the World Health Organization (WHO) as well as government and public health authorities across our markets. CRH continues to actively monitor the rapidly evolving situation and an extensive range of business continuity measures are in place across our operations globally. In an effort to slow the spread of the virus, governments around the world have implemented various restrictions on public gatherings, the movement of people and certain business activities.
Moody's Investors Service, ("Moody's") has today downgraded the corporate family rating (CFR) of the Dutch building materials distributor BME Group Holding B.V. (BME) to B3 from B2 and the probability of default rating (PDR) has been downgraded to B3-PD from B2-PD. Concurrently, the instrument rating on E700 million 1st lien senior secured term loan B (TLB), E280 million 1st lien senior secured term loan A (TLA) and E195 million 1st lien senior secured revolving credit facility (RCF) was downgraded to B2 from B1 while the rating on E218 million 2nd lien senior secured TLB was downgraded to Caa2 from Caa1.
DUBLIN / ACCESSWIRE / April 9, 2020 / As announced on 28 February, CRH plc, the global building materials group, has decided to change its reporting currency to US Dollar effective from 1 January 2020. ...
Hedge fund behemoth Bridgewater has shown its hand in Europe with roughly $15 billion in bets against companies on the continent and in Great Britain, filings reviewed by Reuters show. The world's biggest hedge fund manager's short positions amount to more than $5.3 billion in France and $4.7 billion in Germany, while in Spain its shorts add up to almost $1.4 billion and $821 million in three Italian companies. Hedge funds engage in the practice of 'shorting' by borrowing a stock from an institutional investor, such as a pension plan, and selling it back at a profit when the price drops.
CRH completes latest phase of Share Buyback Programme DUBLIN / ACCESSWIRE / March 13, 2020 / CRH plc, the global building materials group, is pleased to announce that it has completed the latest phase ...